Filing Flows › Octave Intelligence (OCTV) › Q2 2026 › vs Q1 2026
Octave Intelligence (OCTV) Q2 2026 vs Q1 2026 (quarter over quarter)
Octave Intelligence's revenue rose $11.9M (+3%) from $387M in Q1 2026 to $398M in Q2 2026. The biggest changes: Subscriptions and licenses +$7.6M (+2%); Services and other +$4.3M (+6%).
Octave Intelligence, Q2 2026: revenue $398M (-4% year over year), operating margin -519.5%, net loss $2.0B, operating cash flow $125M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 30.8% | 29.3% | +1.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Maintenance subscription | $123M | $122M | $890K | +0.7% |
| SaaS | $87.2M | $84.7M | $2.6M | +3% |
| Subscription licenses | $72.5M | $72.4M | $187K | +0.3% |
| Licenses | $39.1M | $35.1M | $4.0M | +11% |
| Subscriptions and licenses | $322M | $314M | $7.6M | +2% |
| Services and other | $76.5M | $72.2M | $4.3M | +6% |
| Revenue | $398M | $387M | $11.9M | +3% |
| Other income, net | $2.0M | $348K | $1.6M | +474% |
| Income tax benefit | $97.2M | −$16.6M | $114M | — |
| Net loss | $2.0B | −$47.4M | $2.0B | — |
| Costs & expenses | $2.5B | $387M | $2.1B | +538% |
| Operating costs | $2.5B | $323M | $2.1B | +665% |
| Cost of revenue | $92.8M | $88.8M | $3.9M | +4% |
| Research & development | $54.6M | $47.5M | $7.1M | +15% |
| Sales & marketing | $100M | $96.5M | $3.5M | +4% |
| General & admin | $39.5M | $42.6M | −$3.1M | -7% |
| Other operating costs | $2.2B | $47.4M | $2.1B | 46× |
| Operating cash sources | $2.1B | $68.1M | $2.0B | 31× |
| Depreciation & amortization | $47.5M | $46.0M | $1.5M | +3% |
| Share-based compensation | $3.2M | $3.5M | −$261K | -7% |
| Working capital & other | $2.0B | $18.6M | $2.0B | 110× |
| Net loss absorbed | $2.0B | −$47.4M | $2.0B | — |
| Operating cash flow | $125M | $115M | $10.0M | +9% |
| Free cash flow (OCF − capex) | $123M | $113M | $9.6M | +9% |
| Capital expenditures | $2.7M | $2.4M | $353K | +15% |
Questions
How much did Octave Intelligence's revenue grow quarter over quarter in Q2 2026?
Octave Intelligence's revenue rose $11.9M (+3%) from $387M in Q1 2026 to $398M in Q2 2026.
What drove Octave Intelligence's revenue change in Q2 2026?
Subscriptions and licenses +$7.6M (+2%); Services and other +$4.3M (+6%).